Advantages of Selling a Home to a Real Estate Investor.
There are numerous strategies a homeowner can use to sell their property. The two widely used methods to selling a home involve listing with a realtor or selling directly to a cash buyer. Listing the property with a real estate agent is the conventional strategy which has been used by many homeowners in the past. It is important to note that currently there is a trend in the real estate industry where many homeowners prefer selling their property to a real estate investor instead of listing with a realtor. This article discusses some of the benefits of selling your home to a real estate investor instead of listing the property with a real estate agent.
The first advantage of selling your property to a real estate investor is that you will be able to avoid paying commission expenses. It is important to note that when selling your home to a cash buyer directly, you will be able of avoiding using the services of a realtor. This ensures you are capable of enjoying the real value of your property without having the obligation to share the proceeds with anybody. But when listing the property with a real estate agent, there is a fixed percentage usually about ten percent that is given as compensation to a realtor for the services rendered. This reduces your share of the profit and tends to lower the value of your investment.
The second reason why you should sell your home to a real estate investor is that it is fast. Selling a home directly to a cash buyer is the best option for a homeowner who is avoiding foreclosure of their property because it is the fastest when compared to other alternatives. When selling your home to a cash buyer, they will come and see the property and thereafter give you an offer within twenty-four hours. But when listing the property with a real estate agent, an individual will have to wait for several months for an offer to be provided since the property will be showcased to different home buyers until a suitable buyer is obtained. Selling a home to a real estate investor is, therefore, the best strategy to be used by a homeowner who needs cash urgently.
The third reason why you should sell your property to a real estate investor is that they will buy your property as it is. It is important to note that when selling to real estate investor they will give you an offer based on the condition of the house. On the other hand, listing requires expensive repairs and other home improvement ventures to make the house look ideal for potential buyers.